US spot styrene dropped 1 cent/lb ($22/mt) from Friday to be assessed at 73 cents/lb ($1,609/mt) FOB US Gulf Coast Monday, tracking lower European spot styrene as well as lower feedstock benzene. The assessment was at its lowest level ...
Tags: spot styrene, Chemicals
US spot toluene prices reached a near three-month low assessment Thursday at $3.75/gal ($1,140/mt) FOB US Gulf Coast. Spot prices were last seen at this level on July 9, according to Platts data. Sources said the downward pressure on ...
Tags: Chemicals, spot toluene
European light ends outright values reached six-month highs, tracking rising crude values, as prices soared amidst growing tensions in Syria. "It's rallying with the crude," said one source, referring to the strengthening of the Northwest ...
Tags: oil, Metallurgy, Mineral, Energy
The Mediterranean gasoline July cargo swap has risen to a premium to the July Eurobob barge swap, as lack of availability of prompt cargoes in the Mediterranean supports the market, trading sources said Wednesday. The bullish ...
Tags: Metallurgy, Mineral, Energy, Chemicals
US spot styrene rose 0.55 cent/lb ($12.12/mt) to 74.25 cents/lb ($1,636.91/mt) FOB US Gulf Coast on Monday for its highest assessment in three months as it tracked gains elsewhere in the world. The assessment was the highest since March ...
Tags: Spot Styrene, Chemicals
Gasoline stocks in the Amsterdam-Rotterdam-Antwerp region fell 15.9% week on week in the seven days to May 16, according to a report by BNP Paribas released Friday. Stocks fell by 1.5 million barrels to 7.8 million barrels, and were 3.2% ...
Tags: Chemicals, Metallurgy, Mineral, Energy
A tanker carrying around 10,000 mt (12,680 cu m) of ethanol loading in the west coast of Central America is due for arrival in the European ports of Amsterdam-Rotterdam-Antwerp by late May, according to a shipping report by broker SPI ...
Tags: Ethanol Shipment, Chemicals
The June Northwest European-US Atlantic arbitrage swap has risen since market close Friday due to a higher NYMEX RBOB market, increasing the possibility of exports from Europe heading to the Atlantic coast, market sources said Monday. ...
Tags: June NWE-USAC, Gasoline
European benzene's premium to naphtha has topped the $450/mt mark for the first time since the start of February, as naphtha languishes at multi-month lows and benzene rises despite seemingly weak fundamentals. The benzene-naphtha spread ...
Tags: NWE, Benzene-Naphtha, Chemicals
US commercial crude stocks are expected to have increased by 2.3 million barrels for the reporting week ended March 8, analysts polled Monday by Platts said. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT ...
Tags: refinery, crude oil imports, crude oil
Spot prices for barge lots of butane loading in the Amsterdam-Rotterdam-Antwerp area have gained support from petrochemical demand, according to industry sources. Surplus butane from ARA refineries can be absorbed into the MTBE, gasoline ...
Tags: ARA Butane, Petrochemical Demand, Chemicals
The European-delivered thermal coal market traded at its highest level in over two months Wednesday afternoon as sources said that the market is finally reacting to tightening supplies following the ongoing disruption in Colombian exports. ...
Tags: coal market, Metallurgy, Drummond coal
The premium for 50 ppm gasoil barges in the Amsterdam-Rotterdam-Antwerp region has fallen to its lowest level since Platts began assessing it on January 4, 2011 as German demand for heating oil remains unseasonably low. The FOB ARA 50 ...
Tags: gasoil barges, heating oil, Amsterdam-Rotterdam-Antwerp
The Northwest European naphtha discount to Eurobob gasoline has hit its widest in three months, due to weak naphtha demand for petrochemical use, traders said. At Friday's European close, CIF NWE naphtha cargoes were assessed at ...
Tags: naphtha, Eurobob gasoline, petrochemical use
An arbitrage to move cargoes of methyl tertiary butyl ether [MTBE] from Asia to Europe has opened following a sharp increase in European MTBE prices on the back of growing demand, trading sources said Friday. European MTBE prices hit ...
Tags: methyl tertiary butyl ether, MTBE price, Asia, European market